Green Industrial Policies - 20 September 2024

Rebuilding Macroeconomics hosted this inter-disciplinary seminar as part of IGPs 10th year anniversary and in association with the World Bank, Coalition for Capacity on Climate Action (C3A) - https://www.climatecapacitycoalition....

Full details and programme here: https://www.rebuildingmacroeconomics....

Policymakers are looking to accelerate climate action by scaling up low-carbon technologies (renewable energy systems, electrical vehicles) through the creation of new industries and promotion of green value chains. Markets alone cannot drive the transition. Industrial competitiveness, and state-driven structural change can help countries meet net zero and climate commitments.

Interventions such as subsidies, standards, and public procurement can be complemented by market-based mechanisms such as carbon pricing. While some elements of this policy approach remain contentious, the issues deserve more discussion, evidence and development of analytical tools and evidence to support decision-making. This inter-disciplinary seminar in association with the World Bank, Coalition for Capacity on Climate Action (C3A) will debate the key components of a successful green industrial strategy.